LONDON, Sept. 5, 2016 /PRNewswire/ -- About Acetone
Acetone is produced as co-product in cumene peroxidation process for phenol production. It can also be commercially produced by the dehydrogenation of 2-propanol or isopropyl alcohol. The compound has a sweet odor and is highly inflammable. It is popularly used as a solvent in many industries. It is also used as an intermediate in manufacturing other complex chemicals.
Technavio's analysts forecast the global acetone market to grow at a CAGR of 3.23% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global acetone market for 2016-2020. To calculate the market size, we considered the revenue generated through sales of acetone for applications such as bisphenol A production, methyl methacrylate production, and solvent production by considering 2015 as the base year.
The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW
Technavio's report, Global Acetone Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
Key vendors
- BASF
- CEPSA
- Dow
- INEOS
- Shell
Market driver
- Increased demand from end-user industries including cosmetics and electronics
- For a full, detailed list, view our report
Market challenge
- Health effects of acetone
- For a full, detailed list, view our report
Market trend
- Growing use of polycarbonate in the automotive industry
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key Market trend s?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendors in this market space?
- What are the market opportunities and threats faced by the Key vendors?
- What are the strengths and weaknesses of the Key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Download the full report: https://www.reportbuyer.com/product/4090336/
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Email: [email protected]
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SOURCE ReportBuyer
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